Smelter closure pulls plug on energy stocks
New Zealand shares slumped, led by a sharp drop across the energy sector after Rio Tinto said it will close the Tiwai Point aluminium smelter next year, having given notice to its supplier Meridian Energy.
New Zealand shares slumped, led by a sharp drop across the energy sector after Rio Tinto said it will close the Tiwai Point aluminium smelter next year, having given notice to its supplier Meridian Energy.